917-470-0422
Have you calculated how much your income gap will be when you retire?
How about what that income gap will look like when you or your spouse passes away?
At LMR Retirement, we will help you calculate what that gap is so that we can create a plan to fill it.
Today, 40% of American retirees are relying exclusively on Social Security benefits to fund their retirement. Social Security was only ever supposed to replace around 40% of one's pre-retirement income, however. And - as we have all been told for the last several years, we aren't guaranteed to have Social Security by the time we retire.
In fact, the Social Security Board of Trustees estimates that by the year 2034, benefits will be cut by 25%. What kind of an impact will that have on people with no other sources of income?
In the 1980s, over half of Americans were offered a pension plan through their employers; that number is down to only 14.9%.
If retirees can only make up 40% of their income on Social Security, and if they don't have a pension, that means they have to make up 60% of their income in retirement through their savings.
Are you ready to tap into your savings in a strategic way so that you'll continue to create an income stream you won’t outlive?
Have a question?
Fill in the form below, and Lindsay will be in touch with you soon.
By submitting your contact information, you consent to be contacted regarding retirement income strategies that utilize insurance products.
Any statements referring to grow your income are not a guarantee or prediction of future performance. Any references to protection benefits, guarantees or lifetime income generally refer to fixed insurance products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.
We can also refer you to professionals who provide the following services:
Trusts Probate Charitable Giving Estate Planning Tax Planning
Wealth Management Investments IRA & 401(k) Rollovers IRA Legacy Planning
LMR Retirement is an independent financial services firm helping individuals and families create retirement strategies. We customize use of insurance products to meet personal needs and objectives.